ERIK TANCHE NILSSEN AS

3734 SKIEN

Finances

Return on Equity

5,67 %

Current Ratio

2,75

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	364 531 000	400 495 000	379 206 000	318 951 000
Net Income	7 556 000	26 020 000	23 301 000	7 821 000
Total Assets	188 134 000	199 588 000	189 463 000	148 926 000
Total Equity	133 262 000	130 506 000	114 086 000	100 384 000

Income (NOK)	2022	2021	2020	2019
Revenue	364 531 000	400 495 000	379 206 000	318 951 000
Expenditure	355 030 000	366 957 000	348 908 000	309 161 000
Operating Profit	9 500 000	33 538 000	30 297 000	9 790 000
Financial Income	1 100 000	1 306 000	1 853 000	1 130 000
Financial Costs	487 000	1 035 000	1 911 000	392 000
Financial Balance	613 000	271 000	−58 000	738 000
Earnings Before Tax	10 113 000	33 809 000	30 239 000	10 527 000
Tax	2 557 000	7 789 000	6 938 000	2 706 000
Net Income	7 556 000	26 020 000	23 301 000	7 821 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	37 060 000	35 800 000	38 173 000	37 585 000
Total Current Assets	151 074 000	163 788 000	151 290 000	111 341 000
Total Assets	188 134 000	199 588 000	189 463 000	148 926 000
Total Retained Equity	115 662 000	112 906 000	96 486 000	82 784 000
Total Equity	133 262 000	130 506 000	114 086 000	100 384 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	54 873 000	69 083 000	75 377 000	48 542 000
Total Equity and Debt	188 134 000	199 588 000	189 463 000	148 926 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	363 789 000	400 180 000	379 034 000	318 358 000
Other Income	741 000	315 000	172 000	593 000
Revenue	364 531 000	400 495 000	379 206 000	318 951 000
Cost of Goods Sold	223 892 000	245 164 000	229 017 000	189 952 000
Salary Costs	76 112 000	74 882 000	72 459 000	73 200 000
Depreciation	8 192 000	8 564 000	8 811 000	8 320 000
Impairment	0	0	0	0
Expenditure	355 030 000	366 957 000	348 908 000	309 161 000
Operating Profit	9 500 000	33 538 000	30 297 000	9 790 000
Financial Income	1 100 000	1 306 000	1 853 000	1 130 000
Financial Costs	487 000	1 035 000	1 911 000	392 000
Financial Balance	613 000	271 000	−58 000	738 000
Dividends	4 800 000	9 600 000	4 800 000	3 200 000
Net Income	7 556 000	26 020 000	23 301 000	7 821 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	3 691 000	5 500 000	7 449 000	9 295 000
Total Intangible Assets	4 490 000	5 565 000	7 814 000	9 482 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	12 833 000	11 143 000	13 841 000	12 533 000
Fixtures	17 846 000	16 974 000	14 885 000	14 340 000
Total Tangible Assets	30 678 000	28 117 000	28 726 000	26 873 000
Total Fiancial Fixed Assets	1 892 000	2 118 000	1 633 000	1 229 000
Total Fixed Assets	37 060 000	35 800 000	38 173 000	37 585 000
Stock	64 350 000	76 420 000	49 325 000	30 065 000
Total Investments	0	0	0	0
Cash, Bank	31 610 000	32 633 000	45 678 000	40 112 000
Total Current Assets	151 074 000	163 788 000	151 290 000	111 341 000
Total Assets	188 134 000	199 588 000	189 463 000	148 926 000
Total Equity	133 262 000	130 506 000	114 086 000	100 384 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	19 765 000	24 438 000	36 286 000	18 008 000
Unpaid Taxes	12 240 000	13 910 000	13 496 000	11 277 000
Dividends	4 800 000	9 600 000	4 800 000	3 200 000
Other Current Debt	19 840 000	23 423 000	18 958 000	16 629 000
Total Current Debt	54 873 000	69 083 000	75 377 000	48 542 000
Total Equity and Debt	188 134 000	199 588 000	189 463 000	148 926 000

Financial indicators	2022	2021	2020	2019
Return on Equity	5,67 %	19,94 %	20,42 %	7,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,61 %	8,37 %	7,99 %	3,07 %
Current Ratio	2,75	2,37	2,01	2,29
Quick Ratio	−15,94	−22,32	5,81	6,03
Equity Ratio	0,71	0,65	0,6	0,67
Gross Profit Margin	38,58 %	38,78 %	39,61 %	40,44 %